Oil booms, bank productivity and natural resource curse in finance

Morakinyo O. Adetutu, Kayode A. Odusanya, John E. Ebireri and Victor Murinde

Economics Letters, 2020, vol. 186, issue C

Abstract: Using a rich monthly microdata, this study is the first one to investigate the effect of commodity booms on bank productivity in the context of resource-endowed economies. Consistent with the axiom of a natural resource curse in finance, we find significant decline in banks’ total factor productivity (TFP) during episodes of oil booms.

Keywords: Banks; Resource curse; Oil boom; Total factor productivity (TFP) (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:186:y:2020:i:c:s0165176519302423

DOI: 10.1016/j.econlet.2019.07.002

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